diff --git a/charts/stateful-app/Chart.yaml b/charts/stateful-app/Chart.yaml
index 22a72334..a9d258b4 100644
--- a/charts/stateful-app/Chart.yaml
+++ b/charts/stateful-app/Chart.yaml
@@ -2,14 +2,14 @@ apiVersion: v2
 name: stateful-app
 description: Default StatefulSet Helm Chart
 type: application
-version: 1.0.1
+version: 1.1.0
 appVersion: latest
 maintainers:
   - name: diranged
     email: matt@nextdoor.com
 dependencies:
   - name: istio-alerts
-    version: 0.4.0
+    version: 0.5.1
     repository: https://k8s-charts.nextdoor.com
     condition: istio-alerts.enabled
   - name: nd-common
diff --git a/charts/stateful-app/README.md b/charts/stateful-app/README.md
index bc41c7d2..d6e99406 100644
--- a/charts/stateful-app/README.md
+++ b/charts/stateful-app/README.md
@@ -2,7 +2,7 @@
 
 Default StatefulSet Helm Chart
 
-![Version: 1.0.1](https://img.shields.io/badge/Version-1.0.1-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
+![Version: 1.1.0](https://img.shields.io/badge/Version-1.1.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: latest](https://img.shields.io/badge/AppVersion-latest-informational?style=flat-square)
 
 [statefulsets]: https://kubernetes.io/docs/concepts/workloads/controllers/statefulset/
 [hpa]: https://kubernetes.io/docs/tasks/run-application/horizontal-pod-autoscale/
@@ -278,7 +278,7 @@ secretsEngine: sealed
 | Repository | Name | Version |
 |------------|------|---------|
 | file://../nd-common | nd-common | 0.3.1 |
-| https://k8s-charts.nextdoor.com | istio-alerts | 0.4.0 |
+| https://k8s-charts.nextdoor.com | istio-alerts | 0.5.1 |
 
 ## Values